Backdrop of IMF endorsement: The restructuring deal will reduce the outstanding debt from $12.5 billion to $9.1 billion, assuming Sri Lanka’s GDP remains under $90 billion in the coming years, ...

Good morning, ladies and gentlemen. Thank you very much for joining us today, and welcome to the IMF Press Briefing. I am Martha Woldemichael. I'm the IMF Resident Representative based here in Colombo ...

COLOMBO (Reuters) -Sri Lanka's central bank set a new single policy rate of 8% on Wednesday, easing monetary settings below ...

Sri Lanka's central bank cut its benchmark interest rate Wednesday, after the government agreed to a debt restructure deal with international bond holders.

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri ...

Sri Lanka's central bank set a new single policy rate of 8% on Wednesday, aiming to catalyse the island nation’s nascent ...

The global economy is expected to grow at 3.2% and 2.7% in 2024 according to the IMF and UNCTAD, respectively.

The Democratic Socialist Republic of Sri Lanka (“Sri Lanka”) is pleased to announce the official launch of the exchange (the ...

The Steering Committee of the Ad Hoc Group of Sri Lanka Bondholders (the “Ad Hoc Group” or the “Steering Committee”) is ...

The working class needs to prepare both politically and organizationally to confront the Dissanayake government’s attacks on ...

The median estimate in a Reuters poll of 13 analysts and economists predicts the central bank will reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) by 25 ...